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To: kash johal who wrote (22998)12/19/2000 10:05:22 PM
From: Mani1Read Replies (3) | Respond to of 275872
 
Kash re <<And some of the perma-bulls are gonna get their heads handed to them.>>

I think a lot of that has already been done. Probably more to come!

How long has it been that common sense been telling us that companies like ETYS, AMZN and HTLH were junk only to watch them go higher. That companies like MSFT, EMC and SUNW (as great has they are) have been very much over valued.

This recent correction started with Internuts, then box makers, then semi's got hit, spilled over to ecommerce, then enterprise computing, last to fall were telecoms, wireless and Optics are now getting pounded. I may have the order wrong but the point is that common sense seem to be finally prevailing, one sector at a time. I really feel for people that heavily margined and now have lost everything.

Mani